Milestone Money helps you map success to and through retirement.
Retirement today is no longer an ending point, but more of a launching point. We help clients adopt a more modern perspective to retirement and to imagine a lifecycle to retirement that includes three distinct phases, each with its own set of concerns and considerations.
Beginning around age 50, start assessing your financial readiness for retirement. Identify long-term financial goals and define your ideal retirement lifestyle. You have time on your side, in terms of both health span and assets compounding. Get started now so that you can live out your dreams in retirement.
Traditionally between the ages of 60-70, many individuals will start retirement and shift from accumulating wealth to drawing down their assets, preserving wealth, and generating retirement income. Time to enjoy the fruits of your labor, but be mindful of your health and invest a little more in relationships.
During the penultimate years of our lives, we find ourselves slowing down as we age. Maintaining health and independence become key priorities, while you thoughtfully de-accumulate assets over the rest of your life. Start planning the legacy you’ll be leaving behind and appreciate how you can maximize the happiness of your family and the next generation.
Retirement management is about more than money: It’s what those assets, investments, or income can produce in terms of life outcomes. Paychecks and play-checks, so to speak. It can mean the financial freedom to travel, give back to valued causes, or start a second act of your career.
Because we only provide retirement management for our clients, we can evaluate and deliver different financial solutions at every stage of your golden years.
For pre-retirees or those in early retirement, the first step of launching a plan is embracing a new way of living. That can mean rethinking careers, housing, travel, education, or all of the above. Take some time to thoughtfully consider what this impending, life-changing event will mean.
While living in retirement in your 60s and early 70s, retirees are focused on maximization: maximizing bucket list travel and life experiences, health & fitness, and — of course — wealth. Retirees will spend time getting their financial house in order during this stage as major milestones arise.
After the mid-70s and beyond, retirees focus on protecting retirement income, managing healthcare & long-term care expenses and updating their estates. A spotlight on healthspan and longevity may mean less energy spent on the financial aspects of life and more time on maintaining the lifestyle.
Meet with Randy Dippell, a Chartered Retirement Planning Counselor and an Accredited Investment Fiduciary, about what retirement management may look like for you.
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Contrary to popular belief, retirement is not Easy Street. Trying to coordinate all of your accumulated financial resources and making smart choices about when and how to spend down your money can be a full-time job. A job you didn’t apply for.
Milestone Money crafts personalized retirement roadmaps to help guide your financial planning, tax planning, and investment management in your 50s, 60s, 70s & beyond. Whether you’re just starting to plan for retirement, nearing retirement age, or already in retirement, get the tools & expertise you need to retire with confidence.
Taxes will be the largest expense you will face in retirement. Proactive tax minimization and tax-efficient distribution strategies will help you keep as much of your hard-earned money as possible.
Investing in retirement should be centered around the idea of life success over market performance. Review and adjust your investment portfolios to ensure they are well-suited for your risk tolerance, time horizon, and financial goals.
Four fundamental objectives anchor our approach to comprehensive planning: Covering spending needs, providing a protective reserve of funds, addressing financial risks, and mapping out any legacy aspirations.
Explore our articles on better managing the retirement experience and maximizing each stage of retirement. Find specialized Milestone flowcharts and checklists that help you address everything from taxes to healthcare expenses to trusts & estates and beyond.
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Life is full of financial milestones. We pay for college, we get married, we start businesses. But the most important financial decision we will ever make is when and how to retire. Milestone Money helps you map success to and through retirement.
